Today Jaguar officially announced that it will join the third season of the Formula E championship. The company also unveiled the design of its all-electric race car. The company says it will use the Formula E platform as a “test bed” for its electric powertrain technology.

In a press release, Group Engineering Director for Jaguar Land Rover Nick Rogers commented on the Formula E announcement:

“I am proud to announce Jaguar’s return to racing with an entry into the innovative FIA Formula E championship. Electric vehicles will absolutely play a role in Jaguar Land Rover’s future product portfolio and Formula E will give us a unique opportunity to further our development of electrification technologies. The Championship will enable us to engineer and test our advanced technologies under extreme performance conditions.

“It is my belief that over the next five years we will see more changes in the automotive world than in the last three decades. The future is about being more connected and more sustainable; electrification and lightweight technologies are becoming more important than ever as urbanisation continues to increase. Formula E has recognised and reacted to these trends and the championship’s exciting and pioneering approach is the perfect fit for our brand.”

Jaguar will join other major automakers in the championship including Audi and Renault.